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Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Tonight: Global banks are, once again, learning about the dangers of excessive leverage; the Great Stuck may be unstuck, but the Suez saga isn’t over; and the housing market has truly

If you still aren’t sure what non-fungible tokens are, or NFTs, “Satuday Night Live” might have an answer. The NFT craze made its debut on the late-night show — hosted by former cast member Maya Rudolph — in the form of an explainer-turned-rap skit featuring a parody of US Treasury Secretary Janet Yellen. In the

The fallout against Fox News and its alleged role in touting false 2020 election claims has now unfolded into another defamation lawsuit. Dominion Voting Systems filed a $1.6 billion lawsuit on Friday for what it says was an “orchestrated defamatory campaign.” “Fox kept spouting these lies about Dominion… on their airwaves, even while they were

One year to the day after workers first stepped inside a new Amazon warehouse in Bessemer, Alabama, a milestone union vote at the facility is coming to an end. Monday is the final day for ballots to be received by the National Labor Relations Board in order to be counted in the election. The vote

Watch out, Rao’s. There’s a new fancy pasta sauce headed for grocery shelves. The high-end New York-based Italian restaurant Carbone is for the first time selling its pasta sauces online and in some supermarkets, as part of a broader push into consumer packaged foods. Carbone’s parent company Major Food Groups announced Monday the launch of

Southwest agreed to buy 100 737 Max jets from Boeing, the largest order for the troubled jet since its grounding in 2019 following two fatal crashes. The company also agreed to options for an additional 155 of the planes. The 100 firm orders tops the previous order for 75 of the planes placed by Irish

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, is one of the most prominent government officials yet to publicly express support for reparations as a way to address the consequences of racism and inequality in America. “There are definitely merits to it in the sense that, if people have been harmed by laws,

Australian broadcaster 9 News suffered a cyberattack that forced a number of live shows off air on Sunday, as the country’s federal parliament also reported an attack on its computer network. “A cyber-attack on our systems has disrupted live broadcasts today however, we have put processes in place to ensure we’re able to resume our

“Saturday Night Live” didn’t open up with politics to kick off the latest episode of the NBC variety show, but Maya Rudolph’s Kamala Harris still had her moment. Rudolph, the host of this week’s “SNL” who has played the vice president multiple times, welcomed guests to a Passover meal. She did so with her husband

For years, the media industry has been forced to compete with tech platforms for advertising revenue and consumers’ time. Now, in addition to those same pressures, publishers will see increased competition for attention as the economy opens back up. Last March, media owners reacted to the economic fallout of the pandemic with furloughs, layoffs and

President Joe Biden’s second big legislative push will be harder than his first for multiple reasons, most conspicuously this one: It will include tax increases. To be sure, Biden seeks increases of the most popular kind. He intends to target corporations and rich people without, aides maintain, touching Americans earning under $400,000 a year. But

The fried chicken sandwich wars are going global, cookie subscriptions are the new Netflix, and, for or better or worse, you can soon get a free doughnut every day for the rest of the year. Those are just some of the tantalizing and tasty offers that made headlines this week in the fast food world.

A new daily record for administering Covid-19 vaccines was set Friday, but many experts reiterate that the pandemic is far from over. The total number of doses administered jumped by about 3.38 million, according to a tweet from White House Covid-19 Data Director Dr. Cyrus Shahpar. This is the fourth time the number of doses

A race and inclusion editor for USA Today’s Sports Media Group wrote in a blog post published Friday that she was fired over an inaccurate tweet about the Colorado shooting, and accused the media company of being “subservient to white authority.” In her Medium post, the editor, Hemal Jhaveri, opened by saying, “I am no